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HEC Students competing in the Hult Prize, the world's largest student movement for Social Good

7 May 2013

Five HEC students from the MSc in Sustainable Development, the MSc in Finance and the Social Business Enterprise and Poverty Certificate are competing in the Hult Prize, an international Challenge for student social entrepreneurs dedicated to solving the most pressing social challenges on the planet. Their project "Feed Your Future", seeks to improve food security for 200 million people living in urban slums around the world.


In partnership with President Clinton and the Clinton Global Initiative, the Hult Prize - funded by Swedish Billionaire Bertil Hult and supported by Hult International Business School - has created the world’s largest student movement for social impact and the world’s largest crowdsourcing platform, dedicated to solving the most pressing social challenges on the planet. As a start-up accelerator for social good, the Hult Prize has been recently named one of the top five ideas changing the world by President Bill Clinton and TIME Magazine.

Each year, more than ten thousand students from the most prestigious institutions around the world apply to pitch their ideas. For the 2013 Prize, President Clinton has personally selected the challenge: the Global Food Crisis.
The HEC Paris team is competing in the Global online competition. Their project, Feed Your Future, needs your help!

 

You have until May 12 to vote for their video on the Hult Prize Facebook page and give them the opportunity to move into final round and submit their pitch at the annual Clinton Global Initiative meeting in New-York, in front of President Clinton.
Teams will be selected based on the potential of their social business model to cause a radical change in the current food value chain which helps to improve food security for the world’s poor populations.

The global winner will receive US$1,000,000 in start-up capital to launch their new social enterprise.

About "Feed Your Future"

India has produced enough food to feed its people since 1995 yet, it is still home to 1/4 of the world's hungry people. Feed Your Future is a business model that recognizes that the end of hunger and malnutrition in many urban slums must begin with improving the power of the resources already in the hands of the people. As an integrated grocery and banking system, Feed Your Future empowers urban slum dwellers to plan and secure their current and future consumption by increasing the power of their incomes, ultimately helping the average saver to earn approximately 160 additional meals annually. By linking positive return savings accounts and profit sharing to food credits, the Feed Your Future business model is a virtuous cycle that allows savers to build food security simply by leveraging the aggregated power of their current consumption and incomes. The Feed Your Future model requires no change of culture or food habits; rather, it increases resources and empowers individuals--giving it the potential to revolutionize access to food in urban slums globally.

Any questions and inquiries are welcome at feedyourfuture2013@gmail.com

@FeedFuture

HEC Paris Team: Jessica Custer, Shubham Gupta, Rochelle Haw, Tamiksha Singh, Shivam Tripathi


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